Re-run the regression in table using in inc -1 as a


Question: Re-run the regression in Table using In INC( -1) as a regressor in place ofLC( -1), and compare the results with those in Table. What difference, if any, do you see? What may be logic behind this substitution? Explain.

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Microeconomics: Re-run the regression in table using in inc -1 as a
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